Press release

12/11/24

Avangrid Continues to Electrify its Utility Fleet, To Significantly Grow Use of Hybrid Trucks

Avangrid expects to add over 130 hybrid vehicles to its utility fleet over the next three years
 
PICTURED: One of Avangrid’s hybrid bucket trucks currently in use by subsidiary, New York State Electric and Gas (NYSEG).

ORANGE, Conn. — Dec. 11, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 130 new hybrid bucket trucks  over the next three years as it continues to electrify its fleet across its Northeast utilities. While Avangrid already uses hybrid vehicles, this procurement plan represents a significant expansion in the Company’s use of proven alternative energy sources including electric, hybrid, and green fuels.

These hybrid vehicles, which will be procured from two different manufacturers, use a diesel engine while driving but only need electricity to operate the bucket lift. This comes with many significant advantages compared to traditional vehicles, including:

  • Safety: This allows workers to shut down the trucks’ engines when working on power lines, eliminating their exposure exhaust fumes. The quieter electric motor also makes it easier for crews to communicate with one another.
  • Fuel efficiency: Workers can operate the bucket lift and even keep the cabin air conditioned or heated during exceptionally hot or cold weather using only the electric motor, allowing workers to turn off the diesel engine and save fuel. 
  • Longevity: Utilizing an electric motor to power the bucket lift reduces wear and tear on the vehicle’s engine. This improves their reliability and keeps them operating more efficiently for longer.

“It is important that Avangrid lives its values as a leading sustainable company and drives innovation across the business. In this case, we are expanding our use of new technologies that will make us more energy efficient,” said Avangrid CEO, Pedro Azagra. “Hybrid vehicles will also improve the health and safety of our employees and the communities we serve, while preserving Avangrid’s ability to respond to emergencies in our service area and beyond.”

Meanwhile, Avangrid continues to explore other proven alternatives. For example, some of Avangrid’s fleet is already using renewable diesel (made of plant material) in its Lancaster, New York service area. The Company is working toward growing its use of green fuels, including in its hybrid vehicles. 

The Company’s goal is to convert 60 percent of its heavy-duty fleet to alternative energy sources by 2030. This investment in hybrid vehicles is a major step toward Avangrid meeting that goal.
 

Media Contact
For media inquiries, email: corporatecommunications@avangrid.com 


About Avangrid: Avangrid, Inc. is a leading U.S. energy company investing in grid infrastructure and power generation projects to deliver reliable energy and meet growing electricity demand. With approximately $50 billion in assets and operations across 25 states, Avangrid is helping modernize the U.S. electric grid, improve system resiliency, and support economic growth for the customers and communities it serves.

Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Avangrid also has nearly 100 energy generation facilities across the United States and more than 11 gigawatts of installed capacity. Avangrid has more than 8,300 employees and was named among the World's Most Ethical Companies in 2026 for the eighth consecutive year by the Ethisphere Institute. Avangrid is a member of the Iberdrola Group.

About Iberdrola: With a market capitalization of more than €140 billion, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people around the world and has a workforce of 45,400 employees and assets of €165 billion. In 2025, Iberdrola posted a record net profit of €6.3 billion. The company contributes close to €10.4 billion in taxes in the countries where it operates and supports more than 500,000 jobs throughout its supply chain, thanks to €13.2 billion in purchases from tens of thousands of suppliers.

Since 2001, Iberdrola has invested more than €175 billion in electricity networks, renewable energy and energy storage to help create an energy model based on electrification. The company has close to 1.4 million km of electricity networks in the United States (the states of New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasilia) and Spain, as well as 57,000 MW of capacity worldwide, of which more than 46,000 MW is renewable.